When you see why movie theater tickets are cheap and movie theater popcorn is so expensive, you might want to buy more popcorn.
Why There Is No Such Thing as a Free Coupon
Last week, I paid $25 for three hours at an NYC parking garage. Others though paid $50 for the same amount of time. We could say that it cost me less. But there is much more to the story. What…
When It’s Okay To Discriminate
Saying firms can’t refill and resell their cartridges, Lexmark International is fighting for printer cartridge patent protection in the Supreme Court.
The Problem With Priceless Medical Care
Currently tough to find, rational hospital prices would help hospitals control cost, eliminate price discrimination. improve efficiency and care.
Using Economics To Deal With Restaurant No-Shows
At one of my favorite restaurants in Nantucket, you can call at any time during the summer to get a 6:00 reservation. But if you want to eat at 7:30 or 9:00, you have to line up outside on that…
Coupon Economics
When Starbucks raised its prices during the beginning of 2010, it lowered the price of a tall regular to $1.70. But, if you wanted a splash of foam, a shot of espresso, or a touch of flavor, the addition could…
